Deighan - BAT4M1-80 Print

Mr. Deighan's home page for BAT4M1-30

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**Click here to view the  homework completion spreadsheet!!

Lessons

Thursday

  1. Discuss  course outline.
  2. Discuss Mr. D's pet peeves.
  3. Review the computer lab policy.
  4. Partner activity:  Grade 11 accounting vocabulary review (see hand-out for a list of terms or scroll to the end of the document.)
  5. Take up the vocabulary review.  (First bonus homework check up for grabs!)

Friday

  1. Handout - More review -  T/F questions .
  2. Handout reading and questions - ethics/GAAPs.

Monday

  1. Note (handout) - GAAPs.
  2. Activity -  applying GAAPs to accounting situations
  3. Take up GAAP activity.
  4. Hand out textbooks.
  5. Note - Revenue Recognition (igore the math problems for today)
  6. Homework:
    1. Check your answers to the TF Review questions.
    2. P12- 4A and 10A.

Tuesday

  1. Take up the homework questions.
  2. Note - Revenue Recognition - focus on the math problems today.
  3. Demo - BE12-8 and BE12-9
  4. Read - pages 570 to 573
  5. Activities/Homework – E12-2, E12-3, E12-4, E12-5 and P12-6A.

Wednesday

  1. Take up yesterday’s activities.
  2. Activity – P12-7A and P12-8A. (Take up in class.)
  3. Hand-in assignment – P12-6B,7B,8B.
  4. Homework – work on hand-in assignment. (Due Friday)

Thursday

  1. Practice revenue recognition quiz - mark does not count.
  2. Handout article - "Canada and the Unites States employ different sets of GAAP's" - question file.
  3. Work on hand-in questions. (due tomorrow) 
  4. Homework: Study for Wednesday’s test.  Review sheet for test 1.

Friday

** For those of you who opted to stay home (most are in class!), please complete the questions below from the comfort of your house.  You may submit the chapter 12 hand-in assignment on Monday for no charge!

  1. Hand in the unit one assignment.
  2. Start unit 2 - Discussion/review–  a review of the accounting cycle.
  3. Practice Activities – P2-3A and P2-4A (journal entries only).
  4. Read the sample financial statements shown on p.25 – income statement, statement of owner’s equity, and the balance sheet. Trial Balance example can be found on p.74
  5. Activity - P2-9A
  6. Homework:
    1. Finish todays questions
    2. Start studying for Wednesday's test.
    3. Optional extra questions (if you struggled with your grade 11 knowledge today!) - P2-5A and 6A - journal entries only.

Monday

  1. Take up homework.
  2. Discussion/hand-out –  Summary of accounts chart.
  3. Note – finding errors in a trial balance
  4. Demo activity: P2-12A. (Take up in class.)
  5. Homework activities - P2-11A and 12B

Tuesday (half period due to option card assembly) 

  1. Take up homework.
  2. Take up the unit one hand in assignment and discuss tomorrow's test.
  3. Homework - study for tomorrow's test.

Wednesday

  1. Test #1 – Ethics and GAAPs (Includes revenue recognition questions.)
  2. Read all of chapter 3 and pay special attention to the chart on p.118 discussing different types of adjusting entries.
  3. Homework: Self-Study questions 1-11 on p.129, P3-1A and P3-2A

Thursday

  1. Take up the test.
  2. Take up homework.
  3. Partner challenge for a bonus check!
  4. Demo question: P3-8A
  5. Activity/homework - P3-6A, P3-9A (part a only), P3-10A (part a only), P3-5B, P3-8B

Friday

  1. No Classes - P.A. Day 

Monday

  1. No Classes - Family Day.

Tuesday

  1. Take up homework.
  2. Activity/homework - P3-10B (a,b,c, and d).

Wednesday

  1. Take up P3-10B
  2. Continue with the rest of the accounting cycle – chapter 4.
  3. Discussion – closing entries (see your accounting cycle note).
  4. Activity – BE4-2 (take up)
  5. Homework:
    1. Read chapter 4 or view the slideshow.
    2. E4-2 (You may skip the posting part of the question.)

Thursday 

  1. Short quiz - adjusting journal entries. (see chapter three)
  2. Take up E4-2
  3. Discussion/sample – correcting entries.
  4. Discussion/sample – classified balance sheets. (Sample classified balance sheets on p.171 and p.174)
  5. Group activities – BE4-7 (we ran out of time - so do it for homework) 
  6. Homework: BE4-7 and P4-1A (part a only)

Friday

  1. Discussion/overhead sample – worksheets.
  2. Activity – P4-11A
  3. Homework:
    1. Start unit 2 hand-in assignment: "Cumulative Coverage" question on p.201
    2. Try completing the practice M/C and T/F questions linked at the top of the web page for chapter 4. 

  

Monday

  1. Work period - hand-in assignment.

Tuesday

  1. Work period - hand-in assignment.

Wednesday

  1. Unit two assignment is due today.
  2. Start unit three (chapters 5 and 6): Chapter five outline  
  3. Activity - Questions 3, 4, 5, 6 and BE5-1 on P.242
  4. Discussion –  sample journal entries for inventory using perpetual and periodic inventory systems (used in chapters 5 and 6)
  5. Demonstrations – journal entries for selling and purchasing inventory under a perpetual system – BE5-2 and BE5-3
  6. Homework activities:
    1. BE5-4 and BE5-5
    2. Study for Monday's test.

Thursday  

  1. Take up the homework questions.
  2. Partner activity - E5-1 and E5-2
  3. Individual activity - E5-3 and E5-4
  4. Homework -
    1. P5-1A
    2. Study for Monday's test.

Friday

  1. Take up the chapter two hand in assignment
  2. Final review for Monday's test.
  3. Activity - P5-2A
  4. Practice quiz - sales and purchase transactions in a perpetual inventory system.
  5. Take up practice quiz.
  6. Homework – study for Monday's test.

Monday

  1. Unit two test.

Tuesday

  1. Discussion - Completing the Accounting Cycle (Part of the unit five outline note)
  2. Activities (take up today!):
    1. Questions 11 and 12 – p.242
    2. BE5-6 and BE5-7 – p.243
    3. E5-5 and E5-6 – pp 244-245 (finish these questions for homework!)
  3. Homework - finish today's exercises and study for tomorrow's quiz!! (sales and purchase journal entries in a perpetual system)

Wednesday

  1. Quiz - sales and purchase journal entries in a perpetual inventory system
  2. Take up homework.
  3. Hand out – Multi-Step income statements. (use this handout to assist you with today's questions)
  4. Activities/homework:
    1. E5-8
    2. P5-5A (part a – income statement and part c – closing entries only)
    3. P5-6A

Thursday  

  1. Partner activity – P5-7A (a only)
  2. Activity: Hand in questions – P5-7B (a only) and P5-5B (c only – closing entries) - due Tuesday, March 19th
  3. Homework: Work on hand-in questions if you want. (or enjoy the break and finish these after we come back)

Friday

  1. No Classes - Start of March Break!!

Monday

  1. Review chapter 5 concepts.
  2. Finish the chapter 5 hand in questions. (due tomorrow)
  3. Complete the test bank questions as many times as needed.

Tuesday

  1. Introduction to chapter 6. Discuss inventory control procedures, periodic inventory systems, ownership of inventory and the cost of goods sold calculation.  (Chapter 6 Note)
  2. Activities:
    1. Self-study questions 1-5 (p.300)
    2. Questions 1, 4, 5, 7, 8, and 9 (p.301)
    3. E6-1 and E6-3
  3. Homework:
    1. E6-4 and E6-5

Wednesday

  1. Take up homework.
  2. Discussion – purchases and sales journal entries when using the periodic inventory system. (See chapter 5 note)
  3. Demonstration: BE6-3
  4. Activity: E6-2
  5. Homework:
    1. P6-2A (part a only)
    2. Try some of the M/C review questions.

Thursday (short class due to P/T interviews)  

  1. Take up homework.
  2. Skit/demonstration: inventory costing methods -  LIFO, FIFO, Average Cost or Specific Identification.
  3. Demonstration: BE6-7
  4. Homework: Self Study 6 and 7, E6-7 and E6-8

Friday

  1. Take up homework.
  2. Activity: P6-5A
  3. Group activity: Fill in the hand out chart titled  “Ending Inventory Valuation Methods...”
  4. Homework:
    1. Questions 12, 13, and 14
    2. E6-10
    3. Study for Monday's small quiz on Perpetual and Periodic inventory journal entries.

Monday

  1. Take up homework.
  2. Quiz - Periodic and perpetual inventory journal entries.
  3. Review costing methods.
  4. Activity: P6-4A (take up in class if time)
  5. Discussion/hand out:  How to determine the impact of inventory related errors.
  6. Demonstrations: BE6-9 and BE 6-10
  7. Homework:
    1. Complete P6-4A
    2. E6-12 (a and b only)
    3. P6-6A

Tuesday

  1. Take up yesterday's homework and review chapter 6 content.
  2. Activity/homework: Chapter six hand in questions – P6-5B and P6-7B (due Thursday)

Wednesday

  1. Discussion:
    1. Lower of cost and market rule (Demonstration – BE6-11)
    2. Classifying inventory and financial statement presentation.
  2. Group activity: BYP6-1
  3. Homework:
    1. E6-13 and P6-8A (c and d only)
    2. Chapter six hand in questions – P6-5B and P6-7B (due tomorrow)

Thursday 

  1. Take up homework.
  2. Discussion/review –  unit three review sheet.
  3. Activity/homework
    1. Review chapter 5 and 6 slideshows.
    2. Complete the chapter 5 and 6 testbank questions.
    3. Get ready for next Wednesday's unit three test!

Friday

  1. Good Friday - no classes

Monday

  1. Easter Monday - no classes

Tuesday

  1. Introduce Unit 4: Annual reports and financial statement analysis.
  2. Group Activity –  Annual report questions. 
  3. Homework: Study for Friday’s test.

Wednesday

  1. Finish annual report activity from Monday.
  2. Take up annual report activity.
  3. Group activity – Second Cup Annual Report scavenger hunt
  4. Homework - finish today's activity and study for the test.

Thursday

  1. Introduce part A of the ISU. (see top of web page for all ISU related links!)
  2. Work period – ISU (Part A due Wednesday, April 17th)
  3. Homework - study for tomorrow's test.

Friday

  1. Unit three test - chapters 5 and 6

Monday

  1. Work period – ISU (Part A due Wednesday, April 24th)

Tuesday

  1. Work period – ISU (Part A due Wednesday, April 24th)

Wednesday (Period is extended until 10:35 due to Career Day...lucky us!) 

  1. Work period – ISU (Part A due Wednesday, April 24th)

Thursday 

  1. No classes - grade 10 literacy test day. (Work on your ISU at home!)

Friday

  1. Work period – ISU (Part A due Wednesday, April 24th)

 

 Monday

  1. Read the Introduction to Chapter 19 unit note –  Financial Analysis note .
  2. View the chapter 19 slideshow. (Resources tab)
  3. Activity:
    1. BE19-2, 3, 4
    2. E19-1 and E19-3 (part A)
  4. Homework: Work on part A of your ISU.

Tuesday

  1. Discussion (see unit note) – Vertical analysis
  2. Demo questions – E19-2
  3. Activities:
    1. BE19-5 and 6
    2. E19 -4
    3. P19-1A (part a only)
  4. Homework:
    1. Finish today’s questions.
    2. Work on ISU part A.

Wednesday

  1. Finish taking up yesterday’s questions.
  2. Discussion (see unit note) – liquidity ratios.
  3. Demo questions – BE19-7
  4. Activities – E19-5 (Current ratio, Quick Ratio, Inventory Turnonver and Receivables Turnover ) and E19-7 (c, d) 
  5. Homework - ISU Part A

Thursday

  1. Take up E19-7 (c,d) from yesterday.
  2. Discussion (see unit note) – performance ratios.
  3. Demo questions –  E19-9 (a, b, c, d, h)
  4. Activities:
    1. BE19-8 and BE 19-9
    2. E19-8 (1, 3, 4)
  5. Homework: Complete part A of your ISU.

Friday

  1. Discussion (see unit note) – solvency ratios
  2. Demo question – E19-7 (g) and E19-9 (e)
  3. Partner Activity – P19-5A (A – 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12)
  4. Individual Activity – P19-5A (Part B – complete the analysis of the ratios.)
  5. Work on your unit hand in question: P19-2B – please read these special instructions. (due Tuesday)
    1. Complete ratios A to J and L.
    2. Also discuss this company’s liquidity, profitability, and solvency.
  6. Homework: ISU Part A and the hand-in question.

Monday

  1. Work period - Chpt. 19 hand-in question and part A of your ISU.

Tuesday

  1. Work period - Chpt. 19 hand-in question and part A of your ISU.

Wednesday

  1. Discussion/handout –  internal control outline .
  2. Activity – students discuss the internal controls of the businesses that they work for.
  3. Activity:
    1. Questions: 1-6
    2. BE8-1 and 2
    3. E8-1
  4. Take up activity questions.
  5. Discussion – limitations of internal control.
  6. Homework:
    1. Read chapter 8 OR view slideshow.

Thursday 

  1. Discussion – internal control over cash receipts.
  2. Activity – BE8-3 and E8-2.
  3. Discussion – internal control over cash disbursements.
  4. Activity - BE8-4 and E8-3.
  5. Take up questions.
  6. Homework: P8-2A

Friday

  1. Take up yesterday's homework.
  2. Discussion - the petty cash fund. (additional handout with more petty cash and bank reconciliation info)
  3. Activity – BE8-5 and E8-5.
  4. Take up questions.
  5. Homework: P8-3A and study for Monday's test. (Annual reports and chapter 19)

Monday

  1. Unit four – small test! (Annual reports and financial statement analysis – you won’t need to calculate ratios, but be prepared to analyze them!)

Tuesday

  1. Discussion - Use of bank accounts for internal control and bank reconciliations.
  2. Activities:
    1. BE-7, 8, and 9
    2. E8-8 and 9
  3. Take up questions.
  4. Homework - P8-4A

Wednesday

  1. Take up P8-4A.
  2. Group activity - P8-5A (Challenging question.)
  3. Start chapter 8 hand-in questions: P8-3B (a and b only) and 5B
  4. Homework - Chapter 8 m/c and t/f questions.

Thursday

  1. Work period for chapter 8 hand-in questions - P8-3B (a and b only) and 5B.
  2. Homework - finish today's questions.  Please hand in no later than Monday. 

Friday

  1. ISU work period - work on part b.

Monday

  1. Introduce unit 6 - chapters 9 and 10
  2. Discuss  chapter 9 summary - receivables .
  3. Activities:
      1. Read pages 420 to 426
      2. Questions 1 to 3 – p.444
      3. BE9-1 and 2
      4. E9-1
    1. Homework:
      1. Study for Wednesday’s unit five test. (View the chapter 8 slideshow and/or try the practice questions in class if you have time.)
      2. Work on your ISU

Tuesday

  1. Discussion

    1. Journal entries – writing off accounts and the recovery of accounts.
    2. Allowance Method techniques
  2. Activities:
    1. BE9-3 to 6
    2. E9-2 to 4
  3. Homework: P9-2A and 3A

Wednesday

  1. Unit five test - chapter 8
  2. Finish yesterday's questions: BE9-4; E9-2 to 4; P9-2A and 3A (read pages 428 to 430 - "percentage of receivables basis")

Thursday 

  1. Work period - ISU Part B - media articles.
  2. Homework - make sure yesterday's homework questions are finished.

Friday

  1. Take up homework.
  2. Activity - P9-4A and 5A
  3. Discussion – Disposing of A/R and credit card sales.
  4. Homework:
    1. BE9-7 and E9-5
    2. ISU part B
    3. View the chapter 9 slideshow and/or read the rest of the chapter

Monday

  1. Take up homework.
  2. Discussion/slideshow - notes receivable.
  3. Activities:
    1. BE9- 8, 9, and 10
    2. E9-6, 7, 8,
    3. P9-8A
  4. Finish today's questions and work on your ISU.

Tuesday

  1. Take up homework.
  2. Discussion – statement presentation of receivables.
  3. Activities – E9-11 and P9-9A
  4. Start your chapter 9 hand in questions - P9-3B, 5B and 9B.
  5. Homework - Chapter 9 hand in questions.

Wednesday

  1. Introduction to chapter 10 – summary note.
  2. Discussion – types of capital assets and determining the cost of property, plant, and equipment.
  3. Demo questions – BE10-1 to 4.
  4. Activities – E10-2 and P10-1A
  5. Homework – complete your chapter 9 hand in questions

Thursday 

  1. Take up homework.
  2. Discussion – Amortization methods.
  3. Demo – BE10-5,6,7
  4. Homework:
    1. E10-3 and E10-4 (a only)
    2. P10-2A\
    3. Finish your chapter 9 hand-in questions.  (Tuesday is the last chance to hand these in!)
    4. ISU - Part B

Friday (Prom Day) 

  1. Work period - chapter 9 hand-in questions and the ISU.

Monday

  1. Victoria Day - No Classes

Tuesday

  1. Take up homework
  2. Class activity – P10-3A
  3. Discussion –revising amortizations estimates and expenditures during useful life.
  4. Activity – E10-5.
  5. Homework: P10-4A, 5A, and 6A

Wednesday 

  1. Take up homework.
  2. Discussion - PPE Disposals.
  3. Sample question on board regarding disposals of assets.
  4. Activities – E10-8
  5. Homework: E10-7 and P10-8A

Thursday 

  1. Discussion - natural resources.
  2. Activities - BE10-12 and E10-10 
  3. Discussion – Intangibles and statement presentation of capital assets and review.
  4. Activity – E10-11 and 12.
  5. Homework – P10-11A

Friday

  1. Take up any outstanding homework.
  2. Work on hand-in questions: P10-2B, 4B, 8B, and 10B

Monday

  1. Work period:
    1. Complete your hand in questions. (hand them in by the end of class)
    2. Try the M/C and T/F test bank questions for chapters 9 and 10.
    3. Study for Wednesday's test

Tuesday

  1. Start unit 7.

Wednesday

  1.  Unit 6 test - chapters 9 and 10.

Thursday 

  1. Unit 7 

 Friday

  1. Unit 7

Monday

  1. Unit 7.

Tuesday

  1. Unit 7

Wednesday

  1. Unit 7

Thursday 

  1. Unit 7

Friday

  1. ISU work period.

Monday

  1. Submit ISU by the end of class.

Tuesday

  1. Exam Review

Wednesday

  1. Exam Review.

Thursday 

  1. Exam Review

Friday

  1. Grade 12 Exams

Monday

  1. Grade 12 Exams

Tuesday

  1. Grade 9-12 Exams

Wednesday

  1. Grade 9-12 Exams

Thursday 

  1. Grade 9-11 Exams

Friday

  1. Grade 9-11 Exams

Monday

Tuesday

Wednesday

Thursday 

Friday

Due Dates

ISU Part A - Wednesday, April 24th

Chapter 8 Hand-In Questions: Monday, May 6th

Unit Resources

** For each unit I have included the following textbook resources provided by the publisher:

  1. The PowerPoint slideshows that outlines the textbook material for each chapter. 
  2. The test bank of multiple choice and true/false questions for each chapter (answers are at the end of the file).
  3. The answers to any of the textbook questions/problems that we complete in class or as homework.

Unit One

** We did not cover all sections of chapter 12, so ignore stuff that seems new to you when viewing the slideshow or attempting the testbank questions. 

Chapter 12 Slideshow and Practice Questions and Textbook Answers

Unit Two 

Chapter 2  Slideshow  and  Practice Questions and Textbook Answers

Chapter 3  Slideshow  and  Practice Questions and Textbook Answers

Chapter 4  Slideshow  and  Practice Questions and Textbook Answers

Unit Three

Chapter 5  Slideshow  and  Practice Questions and Textbook Answers

Chapter 6  Slideshow  and  Practice Questions and Textbook Answers

Unit Four

Chapter 19  Slideshow  and  Practice Questions and Textbook Answers

Unit Five

Chapter 8  Slideshow  and  Practice Questions and Textbook Answers

Unit Six

Chapter 9  Slideshow  and  Practice Questions and Textbook Answers

Chapter 10  Slideshow  and  Practice Questions and Textbook Answers

Unit Seven

Chapter 14   Slideshow   and  Practice Questions and Textbook Answers

Notes

 Revenue Recognition Principle

Reminders:

1) Some of the unit concepts are covered through class activities and therefore must also be studied when preparing for the test.

2) You may print the class notes at your own expense: (or copy from the overhead)

A Review of the Accounting Cycle

Reminder: Some of the unit concepts are covered through class activities and therefore must also be studied when preparing for the test.

 

Chapter 5 Outline 

Perpetual and Periodic Inventory Journal Entries

 Multi Step Income Statement  

 Chapter 6 Outline

Reminder: Some of the unit concepts are covered through class activities and therefore must also be studied when preparing for the test.

Previous Semester

Wednesday

  1. Discuss  course outline.
  2. Discuss Mr. D's pet peeves.
  3. Review the computer lab policy.
  4. Partner activity:  Grade 11 accounting vocabulary review (see hand-out for a list of terms or scroll to the end of the document.)
  5. Take up the vocabulary review.  (First bonus homework check up for grabs!)

Thursday

  1. Handout - More review -  T/F questions .
  2. Handout reading and questions - ethics/GAAPs.

Friday

  1. Note (handout) - GAAPs.
  2. Activity -  applying GAAPs to accounting situations
  3. Take up GAAP worksheet.
  4. Hand out textbooks.
  5. Homework:
    1. Read about the revenue recognition principle in detail on pages 569 to 573.
    2. P12- 4A and 10A.

Monday

  1. Note/Lecture –  When and how to recognize revenue.
  2. Activity/Homework – From the hand-out, complete E12-2, E12-3, E12-4, E12-5 and P12-6A.

Tuesday

  1. Take up yesterday’s activities.
  2. Activity – P12-7A and P12-8A. (Take up in class.)
  3. Hand-in assignment – P12-6,7,8B.
  4. Homework – finish hand-in assignment. (Due Tomorrow)

Wednesday

  1. Practice revenue recognition quiz - mark does not count.
  2. Work on hand-in questions. (due tomorrow) 
  3. Homework: Study for tomorrow’s test.  Review sheet for test 1.

Thursday

  1. Test #1 – Ethics and GAAPs (Includes revenue recognition questions.)
  2. Discussion/review–  a review of the accounting cycle.
  3. Chapter two questions – P2-3A (part a only - journal entries) and P2-9A.

Friday

  1. Read the sample financial statements shown on p.25 – income statement, statement of owner’s equity, and the balance sheet.
  2. Activity: P2-9A

Monday

  1. Take up questions from last two days.
  2. Discussion/hand-out –  Summary of accounts chart.
  3. Discussion/board note – finding errors in a trial balance
  4. Activity: P2-12A. (Take up in class.)
  5. Homework: P2-11A and 12B

Tuesday (please report to the cafeteria)

  1. Read all of chapter 3 and pay special attention to the chart on p.118 discussing different types of adjusting entries.
  2. Complete textbook questions: Self-Study questions 1-11 on p.129, P3-1A and P3-2A.

Wednesday (please report to the cafeteria)

  1. Complete textbook questions P3-6A, P3-9A (part a only), P3-10A (part a only), P3-5B

Thursday

  1. View the chapter 3 slideshow.
  2. Hand in assignment (due Wednesday, September 28th) - P3-10B (a,b,c, and d).  The balance sheet in part d must be a "classified balance sheet".  See p. 171 for an example if you forget.  You may also use any of the accounting paper templates (GJ, GL, etc.) on my website or complete everything on lined paper.

Friday (please report to the cafeteria)

  1. Complete P3-10B (a,b,c,and d) which was started yesterday.  This question is due next Wednesday.

 Monday

  1. Take up some questions from last week.
  2. Discussion/example – Comparing the effect that adjusting journal entries will have on the company’s financial statements.
  3. Demo questions - P3-8A
  4. Homework - P3-8B

Tuesday

  1. Take up homework.
  2. Continue with the rest of the accounting cycle – chapter 4.
  3. Discussion – closing entries (see your accounting cycle note).
  4. Activity – BE4-2 (take up)
  5. Homework – E4-2

 Wednesday

  1. Take up E4-2
  2. Discussion/overhead sample – worksheets.
  3. Activity – P4-10A
  4. Homework:
    1. P4-10A
    2. Try completing the practice M/C and T/F questions linked at the top of the web page for chapter 4.

Thursday

  1. Take up P4-10A.
  2. Discussion/sample – correcting entries.
  3. Discussion/sample – classified balance sheets. (Sample classified balance sheets on p.171 and p.174)
  4. Group activities – BE4-7 and E4-4
  5. Homework: P4-1A (part a only)

Friday

  1. Take up yesterday's homework.
  2. Unit two review sheet..
  3. Start unit three: discussion/hand out (no e copy available at this time) – service vs merchandising companies, perpetual inventory journal entries. 
  4. Discussion/hand out –    sample journal entries for inventory using perpetual and periodic inventory systems
  5. Demonstrations – journal entries for selling and purchasing inventory under a perpetual system – BE5-2 and BE5-3
  6. Homework activities:
    1. Questions 3, 4, 5, 6 and 7 on p.242
    2. Study for Tuesday's test.

Monday (go to the caf.)

  1. Complete the following questions from your textbook starting on page 242:
    1. BE5-4, BE5-5, E5-1, E-5-2, E5-3, and E5-4 
  2. Homework - study for tomorrow's test. (today's work is not on the test)

Tuesday

  1. Unit two test – covering chapters 2, 3, and 4.
  2. Homework:
    1. Finish yesterday's questions.
    2. Read chapter five and view the slideshow.

Wednesday

  1. Take up questions from Friday and Monday
  2. Activity: P5-1A on p. 246
  3. Take up P5-1A.
  4. Activities:
    1. P5-2A on p. 246
    2. Review the slideshow for chapter 5.

Thursday 

  1. Practice quiz - sales and purchase transactions in a perpetual inventory system.
  2. Discussion/hand out - Completing the Accounting Cycle
  3. Activities (take up today!):
    1. Questions 11 and 12 – p.242
    2. BE5-6 and BE5-7 – p.243
    3. E5-5 and E5-6 – pp 244-245
  4. If time – try the m/c and t/f sample questions for chapter five linked at the top of this page.
  5. Homework – finish today's questions. 

Friday

  1. Take up homework.
  2. Discussion/hand out – Multi-Step income statements.
  3. Activities/homework:
    1. E5-8
    2. P5-5A (part a – income statement and part c – closing entries only)
    3. P5-6A

Monday

  1. No Classes - Happy Thanksgiving!

Tuesday

  1. Partner activity – P5-7A (a only) - Check your answer with the on-call teacher before continuing.
  2. Activity: Start hand in questions – P5-7B (a only) and P5-5B (c only – closing entries)
  3. Homework: Work on hand-in questions

Wednesday

  1. Perpetual inventory journal entries quiz.
  2. Finish the chapter 5 hand in questions.
  3. Complete the test bank questions as many times as needed.

Thursday

  1. Introduction to chapter 6. Discuss inventory control procedures, periodic inventory systems, ownership of inventory and the cost of goods sold calculation.  (Chapter 6 Note)
  2. Activities:
    1. Self-study questions 1-5 (p.300)
    2. Questions 1, 2, 5, 7, 8, and 9 (p.301)
    3. E6-1 and E6-3
  3. Homework:
    1. E6-4 and E6-5

Friday 

  1. Take up homework.
  2. Discussion – purchases and sales journal entries when using the periodic inventory system. (See chapter 5 note)
  3. Demonstration: BE6-3
  4. Activity: E6-2
  5. Homework:
    1. P6-2A (part a only)
    2. Try some of the M/C review questions.

Monday

  1. Take up homework.
  2. Skit/demonstration: inventory costing methods -  LIFO, FIFO, Average Cost or Specific Identification.
  3. Demonstration: BE6-7
  4. Activity: Self Study 6 and 7, E6-7 and E6-8
  5. Homework: P6-5A

Tuesday

  1. Take up homework.
  2. Group activity: Fill in the hand out chart titled  “Ending Inventory Valuation Methods...”
  3. Take up activity.
  4. Homework:
    1. Questions 12, 13, and 14
    2. E6-10

Wednesday

  1. Take up homework.
  2. Review costing methods.
  3. Activity: P6-4A (take up in class)
  4. Discussion/hand out:  How to determine the impact of inventory related errors.
  5. Demonstrations: BE6-9 and BE 6-10
  6. Homework:
    1. E6-12 (a and b only)
    2. P6-6A

Thursday (short period due to P/T interviews)

  1. Activity/homework: Chapter six hand in questions – P6-5B and P6-7B (due next Tuesday)

Friday

  1. No class - P.A. Day 

Monday

  1. Take up homework: E6-12 (a and b only), P6-6A
  2. Discussion:
    1. Lower of cost and market rule (Demonstration – BE6-11)
    2. Classifying inventory and financial statement presentation.
  3. Group activity: BYP6-1
  4. Homework:
    1. E6-13 and P6-8A (c and d only)
    2. Chapter six hand in questions – P6-5B and P6-7B (due Wednesday)

Tuesday

  1. Take up homework.
  2. Discussion –  unit three review sheet .
  3. Activity/homework: Chapter six hand in questions – P6-5B and P6-7B (due tomorrow)

Wednesday

  1. Introduce Unit 4: Annual reports and financial statement analysis.
  2. Group Activity –  Annual report questions. 
  3. Homework: Study for Friday’s test.

Thursday

  1. Unit three test.
  2. Activity/homework - begin reading chapter 19 (financial statement analysis) and the related slideshow.

Friday

  1. Finish annual report activity from Wednesday.
  2. Take up annual report activity.
  3. Group activity – Second Cup Annual Report scavenger hunt

Monday

  1. Introduce part A of the ISU. (see top of web page for all ISU related links!)
  2. Work period – ISU (Part A due next Friday)

Tuesday

  1. Work period – ISU (Part A due next Friday)

Wednesday

  1. Work period – ISU (Part A due next Friday)

Thursday

  1. Work period – ISU (Part A due next Friday)

Friday

  1. Introduction to Chapter 19 unit note –  Financial Analysis note .
  2. Demo questions: E19-1
  3. Activity:
    1. BE19-2, 3, 4
    2. E19-3 (part A)
  4. Homework: Work on part A of your ISU.

Monday

  1. Discussion (see unit note) – Vertical analysis
  2. Demo questions – E19-2
  3. Activities:
    1. BE19-5 and 6
    2. E19 -4
    3. P19-1A (part a only)
  4. Homework:
    1. Finish today’s questions.
    2. Work on ISU part A.

Tuesday

  1. Finish taking up yesterday’s questions.
  2. Discussion (see unit note) – liquidity ratios.
  3. Demo questions – BE19-7
  4. Activities – E19-5 (Current ratio, Quick Ratio, Inventory Turnonver and Receivables Turnover ) and E19-7 (c, d) 
  5. Homework - ISU Part A

Wednesday

  1. Take up E19-7 (c,d) from yesterday.
  2. Discussion (see unit note) – performance ratios.
  3. Demo questions –  E19-9 (a, b, c, d, h)
  4. Activities:
    1. BE19-8 and BE 19-9
    2. E19-8 (1, 3, 4)
  5. Discussion (see unit note) – solvency ratios
  6. Demo question – E19-7 (g) and E19-9 (e)
  7. Activity – P19-5A (A – 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12)
  8. Homework: Complete part A of your ISU.

Thursday

  1. Take up P19-5A (homework check!)
  2. Activity – P19-5A (Part B – complete the analysis of yesterday’s ratios.)
  3. Work on your unit hand in question: P19-2B – please read these special instructions. (due Tuesday)
    1. Complete ratios A to J and L.
    2. Also discuss this company’s liquidity, profitability, and solvency.
  4. Homework: ISU Part A

Friday (Awards assembly for some students)

  1. Complete your ISU and chapter 19 hand in question.

Monday

  1. Discussion/handout –  internal control outline .
  2. Activity – students discuss the internal controls of the businesses that they work for.
  3. Activity:
    1. Questions: 1-6
    2. BE8-1 and 2
    3. E8-1
  4. Take up activity questions.
  5. Discussion – limitations of internal control.
  6. Homework:
    1. Read chapter 8 OR view slideshow.

Tuesday

  1. Discussion – internal control over cash receipts.
  2. Activity – BE8-3 and E8-2.
  3. Discussion – internal control over cash disbursements.
  4. Activity - BE8-4 and E8-3.
  5. Take up questions.
  6. Homework: P8-2A

Wednesday

  1. ISU work period - work on Part B - media articles.

Thursday

  1. Unit four – small test! (Annual reports and financial statement analysis – you won’t need to calculate ratios, but be prepared to analyze them!)

Friday

  1. No Classes - P.A. Day

Monday

  1. Take up Wednesday's homework.
  2. Discussion - the petty cash fund. (additional handout with more petty cash and bank reconciliation info)
  3. Activity – BE8-5 and E8-5.
  4. Take up questions.
  5. Homework: P8-3A

Tuesday

  1. Take up homework.
  2. Discussion - Use of bank accounts for internal control and bank reconciliations.
  3. Activities:
    1. BE-7, 8, and 9
    2. E8-8 and 9
  4. Take up questions.
  5. Homework - P8-4A

Wednesday

  1. Work period - part B of the ISU.

Thursday

  1. Take up P8-4A.
  2. Group activity - P8-5A (Challenging question.)
  3. Homework - Chapter 8 m/c and t/f questions. 

Friday

  1. Introduce unit 6 - chapters 9 and 10
  2. Discuss  chapter 9 summary - receivables .
  3. Activities:
    1. Read pages 420 to 426
    2. Questions 1 to 5 – p.444
    3. BE9-1 and 2
    4. E9-1
  4. Homework:
    1. Study for Monday’s unit five test. (View the chapter 8 slideshow and/or try the practice questions in class if you have time.)
    2. Work on your ISU

Monday

  1. Unit 5 test.
  2. Take up Monday's work.

Tuesday 

  1. Discussion

    1. Journal entries – writing off accounts and the recovery of accounts.
    2. Allowance Method techniques
  2. Activities:
    1. BE9-3 to 6
    2. E9-2 to 4
  3. Homework: P9-2A and 3A

Wednesday

  1. Take up homework.
  2. Activity - P9-4A and 5A
  3. Discussion – Disposing of A/R and credit card sales.
  4. Activity - BE9-7 and E9-5
  5. Homework:
    1. ISU part B
    2. View the chapter 9 slideshow and/or read the rest of the chapter

Thursday (go to the caf.)

  1. Activity:
    1. BE9- 8, 9, and 10
    2. E9-6, 7, 8, and
    3. P9-8A

Friday

  1. Start your chapter 9 hand in questions - P9-3B, 5B and 9B. (Due next Wednesday)
  2. Homework – chapter 9 hand in questions and ISU

Monday

  1. Take up Wednesday and Thursday's questions.
  2. Discussion – statement presentation of receivables.
  3. Activities – E9-11 and P9-9A
  4. Homework - Chapter 9 hand in questions.

Tuesday 

  1. Introduction to chapter 10 – summary note.
  2. Discussion – types of capital assets and determining the cost of property, plant, and equipment.
  3. Demo questions – BE10-1 to 4.
  4. Activities – E10-2 and P10-1A
  5. Homework – complete your chapter 9 hand in questions.

Wednesday (go to caf at 2:00pm)

  1. Take up homework.
  2. Discussion – Amortization methods.
  3. Demo – BE10-5 and 6
  4. Homework:
    1. BE10-7
    2. E10-3 and E10-4 (a only)
    3. P10-2A

Thursday (go to the caf.)

  1. Take up homework
  2. Class activity – P10-3A
  3. Discussion –revising amortizations estimates and expenditures during useful life.
  4. Activity – E10-5.
  5. Homework: P10-4A, 5A, and 6A

Friday

  1. Take up homework.
  2. Discussion - PPE Disposals.
  3. Sample question on board regarding disposals of assets.
  4. Activities – E10-8
  5. Homework: E10-7 and P10-8A

Monday

  1. Discussion - natural resources.
  2. Activities - BE10-12 and E10-10 
  3. Discussion – Intangibles and statement presentation of capital assets and review.
  4. Activity – E10-11 and 12.
  5. Homework – P10-11A

Tuesday 

  1. Take up any outstanding homework.
  2. Work on hand-in questions: P10-2B, 4B, 8B, and 10B

Wednesday  

  1. Work period:
    1. Complete your hand in questions. (hand them in by the end of class)
    2. Try the M/C and T/F test bank questions for chapters 9 and 10.
    3. Study for tomorrow's test

Thursday

  1. Class reading – “Student Savy Pays Off for Research In Motion” – p.647
  2. Discussion/chapter hand out – Characteristics of Corporations, Forming a Corporation, and Ownership Rights to Shareholders.
  3. Activity:
    1. BE14-1 to 3.
    2. E14-1
    3. P14-1A
  4. Homework: Questions 1 to 7 (p.673)

Friday

  1. Unit six test - chapters 9 and 10

Monday

  1. View chapter 14 slideshow: Focus on accounting for common share issues.
  2. Attempt the following questions: 
    1. Questions 8 to 13
    2. BE14-4, 5 and 6.
    3. E14-2 to 4
    4. Work on your ISU part B.

Tuesday 

  1. Take up Thursday's and yesterday's questions.
  2. Discussion – issuing preferred shares.
  3. Demo - BE14-7
  4. Activiy – E14-5 and P14-3A (a only)
  5. Homework - ISU

Wednesday  

  1. Discussion - Characteristics of preferred shares and the conversion of shares.
  2. Demo question – E14-6
  3. Activities – P14-4A (parts a and b)
  4. Discussion - Statement presentation of shareholders’ equity.
  5. Demo question – BE14-8.
  6. Activities:
    1. E14-7, 8, and 9 (a only)
  7. Homework:
    1. P14-4A (c and d)
    2. ISU

Thursday

  1. Finish yesterday's work and take up homework.
  2. Activity - 5A (parts a,b,c,and d)
  3. Activity/homework - ISU

Friday

  1. ISU work period.

Monday

  1. Take up some questions from Wed and Thurs before the break.
  2. Review chapter 14.
  3. Discussion/note –  other forms of financing .
  4. Group activity: Make a chart showing the pros and cons of debt and equity financing.
  5. Activity: Using the yellow textbook, try the following questions:
    1. 4-1 on p.81
    2. 4-2 on p.84
    3. 4-3 on p. 88
  6. Homework: ISU

Tuesday 

  1. Guest speaker.

Wednesday  

  1. Finish Monday's questions.
  2. Final review of chapter 14 and forms of financing.

Thursday

  1. ISU work period.

Friday (report to the caf.)

  1. ISU work period in the caf.

Monday

  1. ISU work period.

Tuesday 

  1. ISU work period.

Wednesday  

  1. ISU work period.

Thursday

  1. Exam review.

Friday

  1. Exam review.

Monday

  1. Grade 12 exams in afternoon.

Tuesday 

  1. Grade 12 exams in afternoon.

Wednesday  

  1. No Classes - Formal exam break.

Thursday

  1. No Classes - Formal exam break.

Friday

  1. No Classes - Formal exam break.

 

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